The Theory of CorporateFinance: A Historical Overview
The Theory of CorporateFinance: A Historical Overview ArXiv ID: ssrn-244161 “View on arXiv” Authors: Unknown Abstract Our purpose is to provide a review of the development of the modern theory of corporate finance. Through the early 1950s the finance literature consisted in lar Keywords: Modern Corporate Finance, Capital Budgeting, Portfolio Theory, Financial Management, Academic Review, Corporate Finance Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 1.0/10 Quadrant: Philosophers Why: This is a historical review paper discussing the conceptual evolution of corporate finance theory, lacking advanced mathematical derivations or backtest-ready empirical implementation. flowchart TD A["Research Goal: Review Modern Corporate Finance Theory"] --> B["Methodology: Historical Literature Review"] B --> C["Data/Inputs: Early 1950s Finance Literature & Academic Texts"] C --> D["Computational Process: Thematic Analysis & Evolution Mapping"] D --> E["Key Finding 1: Emergence of Capital Budgeting"] D --> F["Key Finding 2: Integration of Portfolio Theory"] D --> G["Key Finding 3: Formalization of Financial Management"]